Insurers In Ohio, Texas Announce Plans To Pull Out Of Marketplace Next Year
Premier Health Plan, based in Dayton, Ohio, and Memorial Hermann Health Systems in Texas each announce they will not participate in the health law's insurance market in 2018.
Cincinnati Enquirer:
Another Insurer Leaves Ohio Health Care Exchange
A Dayton-based insurer is the latest to leave Ohio's health care exchange, leaving people in nine Southwest Ohio counties with one fewer option. The Premier Health Plan said Thursday that uncertainty surrounding the future of the Affordable Care Act, better known as Obamacare, fueled its decision to leave the Ohio exchange as of Jan. 1, 2018. (Balmert, 6/29)
Houston Chronicle:
Memorial Hermann Quits Individual Insurance Business
After wading into the individual health insurance business the past three years, Memorial Hermann Health System confirmed this week it is abandoning the effort at the end of the year. No health maintenance organization (HMO) or preferred provider organization (PPO) individual plans will be sold for 2018, officials with the health system said. (Deam, 6/29)
And in news on Aetna —
The Wall Street Journal:
Aetna To Move Corporate Headquarters To New York City
Aetna Inc. will move its corporate headquarters along with 250 jobs to Manhattan by late 2018, from Hartford, Conn., the latest company to abandon a smaller city for a major urban center.The company said it chose New York as its new location to tap a more robust pool of talent at a time when Aetna is repositioning itself as a consumer-oriented health company. (De Avila and Morris, 6/29)
